Jim Cramer’s 29 Stock Calls and Space Players Worth Watching Like SpaceX and Rocket Lab

In this article, we will look at Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. The host of CNBC’s Mad Money said Friday that SpaceX’s successful market debut could open the door for more deals.

Interest rates are simply too high for a home builder to justify putting up a lot of houses… That’s why Tuesday’s housing starts figure means so, so much to me. If we get a weak number, that will give Kevin Warsh, the new Fed chief, some ammunition to push for rate cuts down the road when he chairs his first meeting on Wednesday. I think we’ll also see some weaker retail sales that morning, again, favoring a rate cut. As I mentioned, I know lots of people have been saying that the economy’s too strong and we need to raise rates given the high level of inflation. I think these people are dreaming.

READ ALSO 6 Stocks on Jim Cramer’s Radar and His Caution Regarding SpaceX IPO and Jim Cramer Highlighted 25 Stocks Like Apple, UnitedHealth, and the Rotation into Defensive Sectors

Cramer said those concerns will prove pessimistic. He predicted that Warsh will begin laying the groundwork for future rate reductions at Wednesday’s meeting because the economy continues to face persistent challenges. He also added that inflationary pressures could ease once an agreement is reached with Iran, as he believes such a deal would help inflation subside.

The success of today’s placement of SpaceX is something to be studied for years. They nailed it and in doing so, they’ve created a path for many other companies to come public. It’s a win for the market, and if we get peace, it won’t be stopped. You’re going to see a lot more deals. Here’s the bottom line: I was negative coming into today. I was worried about this deal. They got it right, though, and it can go a long way toward creating a far more constructive environment. But if we keep seeing big IPOs, eventually we’ll be crushed under the weight of all that stock. Let’s hope they pace them out over the summer. After today’s huge deal, we need to catch our collective breaths.

Our Methodology

For this article, we compiled a list of 29 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on June 12. We listed the stocks in the order that Cramer mentioned them.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

Jim Cramer’s 29 Stock Calls and Space Players Worth Watching Like SpaceX and Rocket Lab

29. fuboTV Inc. (NYSE:FUBO)

fuboTV Inc. (NYSE:FUBO) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller asked for Cramer’s thoughts on the stock, and he commented:

Yeah, it’s media and it’s, you are going to have a very hard time getting me to like anything media at all. You’re… relying on takeovers… Sure, a basketball game had a lot of numbers, good numbers, so suddenly we are supposed to start liking those stocks because they had a big basketball game? We gotta get realistic. This is an industry that’s in secular decline, and we’re not going to invest in it just because it looks very cheap.

fuboTV Inc. (NYSE:FUBO) provides a live TV streaming service focused on sports, news, and entertainment. The service is accessible through streaming devices, Smart TVs, and mobile platforms. During the December 22, 2025, episode, a caller inquired about the stock, and Cramer responded:

Fubo’s had a big run, and I don’t think there’s any need to pile on at this price. I think it’s just too high.

It is worth noting that since the above comment was aired, the company’s stock price has declined by 69%.

28. Adobe Inc. (NASDAQ:ADBE)

Adobe Inc. (NASDAQ:ADBE) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller asked if Cramer sees any sign that the stock could pick up. He replied:

No, the CFO just quit to go to Marvell Tech. The CEO has resigned. There were many aspects of that quarter that weren’t nearly as good as it looks. I did a big rundown of it this morning for Squawk on the Street… It’s down 42%. That doesn’t matter. The fact is that the stock is valued at $82 billion, and it probably is worth, I’d say, maybe $60 billion at the most. It’s got some good businesses, but it’s in secular decline, and I don’t want you in it.

And maybe, sure, maybe it would bounce from $204 to $220. I can’t fool around here. I don’t like the stock. I know that there’s some really nice people there. I feel badly; I’m just so cut and dry about it. But there was nothing about this quarter that, they seem to think they’re doing well or they’re trying to tell us they’re doing well, but we all know when we see that kind of recurring revenue slowdown, that was definitely there… You can’t be there. So we’re going to have to say, go Adobe.

Adobe Inc. (NASDAQ:ADBE) provides creative, document, and digital experience software. The company’s solutions are used to create, manage, and optimize digital content and customer experiences.

27. Cadence Design Systems, Inc. (NASDAQ:CDNS)

Cadence Design Systems, Inc. (NASDAQ:CDNS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Toward the end of the lightning round, a caller inquired if they should buy more, hold, or sell the stock. Cramer replied:

Cadence is a hold, and if it comes down, it’s a buy. This is a company, by the way, that Lip-Bu Tan used to run, and it is sensational. I love it, and we’ve had them on. They’re real smart guys.

Cadence Design Systems, Inc. (NASDAQ:CDNS) creates AI-powered software, hardware, and silicon IP for designing and verifying complex electronic systems, such as chips and Printed Circuit Boards. Cramer discussed the stock during the February 23 episode and said:

So where do I come out on this? Look, I think you need to take the competitive threat from AI very seriously, and when we’re talking about traditional enterprise software stocks. But some of these groups… let’s say they’re more threatened than others. Cadence Design Systems, which makes design software, and Datadog, a data monitoring and analytics platform, have both been able to rally after really good quarters. That tells me there is a floor for some of these, the ones that are more insulated from AI disruption.

26. Perrigo Company plc (NYSE:PRGO)

Perrigo Company plc (NYSE:PRGO) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller asked whether the stock’s depressed valuation, ongoing management-led restructuring, and debt-reduction efforts indicate a turnaround opportunity or a value trap. Cramer said:

No, I mean, this is a value trap, I really do think. I mean, there’s just something going on here. I studied it for a very long time. It does not have any growth. I don’t want it.

Perrigo Company plc (NYSE:PRGO) provides over-the-counter health and wellness solutions, including respiratory, nutritional, digestive, and skincare products. Meridian Contrarian Fund stated the following regarding Perrigo Company plc (NYSE:PRGO) in its third quarter 2025 investor letter:

Perrigo Company plc (NYSE:PRGO) is the leading in-store brand for consumer wellness and self-care products. The company endured several years of declining earnings due to what we believe was poor capital allocation by its previous management team, which chased growth through acquisitions outside of Perrigo’s core business. Our investment in Perrigo was inspired by a new management team that committed to pursuing realistic, steady growth rates within the core business, and the company delivering improved profitability and returns on capital. The stock underperformed during the quarter as earnings were guided to the low end of the previously given range due to sales and margin headwinds in their recovering infant formula business. While the fundamental difference in the guide down was small, investor patience has worn thin after years of delayed improvement. We continue to hold Perrigo in the portfolio.

25. ManpowerGroup Inc. (NYSE:MAN)

ManpowerGroup Inc. (NYSE:MAN) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller asked for Cramer’s thoughts on the company, and in response, he said:

Yeah, you know what? I have no edge in Manpower. It’s never really been a great win for me. I mean, look, I don’t mind Paychex down here, has got a good yield, and I think that can make a comeback. But Manpower’s never done it for me, I’m sorry, not a lot of growth there.

ManpowerGroup Inc. (NYSE:MAN) provides staffing and human resources outsourcing services, handling permanent, temporary, and contract recruitment.

24. Credo Technology Group Holding Ltd (NASDAQ:CRDO)

Credo Technology Group Holding Ltd (NASDAQ:CRDO) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller asked if it was time to ring the register, buy more, or hold the stock. Cramer replied:

Credo’s just so good. It’s a networking company. Just hold on to it. It’s amazing… Try to get your cost basis out a little bit because this thing’s been on a parabolic move. But what a great company.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) designs high-speed connectivity chips and solutions used in Ethernet and PCIe applications, including active cables, signal processing chips, and serializer-deserializer technology. During the January 27 episode, a caller mentioned that they own the stock and sought Cramer’s opinion. He responded:

I don’t know, I mean, optical, if I want to do optical, there’s just so, let’s just do Corning. We’ll see how they do tomorrow. Wait, and then buy if it gets hit.

23. Constellation Energy Corporation (NASDAQ:CEG)

Constellation Energy Corporation (NASDAQ:CEG) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. When a caller inquired about the stock during the lightning round, Cramer said, “Oh man, Constellation… [buy, buy, buy] It’s come down a lot.”

Constellation Energy Corporation (NASDAQ:CEG) produces and supplies electricity, natural gas, and sustainable energy solutions through nuclear, wind, solar, natural gas, and hydro assets. Cramer discussed the stock and its valuation during the February 2 episode, as he remarked:

Next, the fifth worst performer last month was Constellation Energy. It’s the independent power producer with a ton of nuclear exposure. Stock’s lost more than 20% last month. Trump administration announced a plan to make energy more affordable in the Mid-Atlantic region by calling for $15 billion in investments in new power plants, as well as caps on how much existing plants can charge for electricity. Not great. Now, I do think Constellation’s worth buying into weakness because new power plants take ages to build, and price gouging’s never been a part of their strategy. At 24 times forward earnings, you know what, I like this one.

22. Cerebras Systems Inc. (NASDAQ:CBRS)

Cerebras Systems Inc. (NASDAQ:CBRS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer discussed the company’s post IPO rally, as he stated:

Finally, let’s talk about Cerebras Systems, which makes enormous ultra-fast semiconductors to handle AI inference workloads. It’s supposed to be a competitor to NVIDIA. It was the biggest IPO of the year before today, and it jumped 68% right out of the gate. I told you the stock was way too expensive at those levels. Great business, but I couldn’t justify the price, and I am glad I didn’t try.

Cerebras was at $311 when I told you it was way too pricey, stay away. And now it’s come down to $214, losing nearly a third of its value. Cerebras has become a cautionary tale as far as I’m concerned. If you bought this thing after it opened on the first day of trading, you’ve been crushed. Even after the pullback, this one’s too rich for me. It reminds me of Figma. I just hope SpaceX doesn’t follow the same downward trajectory, and I don’t think it will because there are so many buyers and it was priced much better than Cerebras.

Cerebras Systems Inc. (NASDAQ:CBRS) designs and manufactures an artificial intelligence compute platform featuring a specialized wafer-scale engine designed for high-performance generative AI and inference tasks. The company provides its proprietary systems and software to several clients, including hyperscalers, foundation model labs, and sovereign AI initiatives.

21. HawkEye 360, Inc. (NYSE:HAWK)

HawkEye 360, Inc. (NYSE:HAWK) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer noted the possible reason for the stock’s decline, as he commented:

Next, about a month ago, I gave my blessing to HawkEye 360, which is a space and defense company, 30 satellites that it uses to gather signals intelligence for the governments around the world. Now, this is another one that blew up in my face, pulling back from $33 to $24 on very little company-specific news. Even though the analysts are pretty darn bullish about this one, I think this is a case where people have sold the satellite stocks, again, in order to raise funds to buy SpaceX… I knew the SpaceX IPO would suck in money from the rest of the market, and HawkEye 360 was an obvious target.

HawkEye 360, Inc. (NYSE:HAWK) operates a satellite constellation that provides radio frequency intelligence and signal processing to defense and national security agencies. The company offers specialized tracking of radars, communications, and maritime activity to deliver tactical insights for battlefield and border security.

20. X-Energy, Inc. (NASDAQ:XE)

X-Energy, Inc. (NASDAQ:XE) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer showed positive sentiment around the company but called it a “speculative operation.” The Mad Money host said:

Near the end of April, I talked about X-Energy. I’ve been following up on this one. I kind of really like it. It’s been designing small modular nuclear reactors with plans to license its technology to customers who can then build nuclear plants at their own risk. Once those plants are up and running, X-Energy wants to sell them… Cool business model, but I warn you that as much as I like the story, this is a very speculative operation.

Of course, it’s mostly because things won’t really start kicking in until 2032. I said, you should only buy it with money you can afford to lose, and now you can see why I threw in those caveats as X-Energy has pulled back from $31 to $19. It’s now four bucks below where it came public, even though not much has changed here. Now, if you do like the nuclear power story like I do, you know what? I’ll bless it. You can buy some.

X-Energy, Inc. (NASDAQ:XE) designs and develops nuclear reactor technology, including the Xe-100 reactor capable of generating both electric power and thermal output. In addition, it manufactures nuclear fuels.

19. AEVEX Corp. (NYSE:AVEX)

AEVEX Corp. (NYSE:AVEX) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer highlighted his previous recommendation on the stock, as he remarked:

Fifth, on April 17th, I recommended a stock called AEVEX, which is a private equity-backed drone maker that has a big contract with the US military. While the drones are clearly the future of warfare, this stock’s been more of a rollercoaster. It was trading at $26 when I talked about it. Then it zoomed to $40 at its highs in late May. But unfortunately, AEVEX used that rally to sell another 8 million shares, which is a big chunk of stock given that they only sold 16 million shares in the IPO. Notice the theme of all these secondaries. People are just kind of bailing, right? Now, all of that new supply has pulled this one down to 20 bucks and change as of today. I still think the fundamental story here is terrific. AEVEX reported a great quarter last month, but the flood of new supply makes it harder for the stock to rally like crazy.

AEVEX Corp. (NYSE:AVEX) manufactures autonomous systems, including modular uncrewed aircraft and surface vehicles, as well as AI-driven navigation technologies. In addition, the company provides specialized engineering services, including aircraft modification and airborne intelligence solutions for mission-specific needs.

18. Madison Air Solutions Corporation (NYSE:MAIR)

Madison Air Solutions Corporation (NYSE:MAIR) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer was bullish on the stock during the episode, as he said:

Fourth, in mid-April, I recommended Madison Air Solutions. Now, this one’s symbol MAIR, or as I now call it, Mayor of East Town. That’s a great TV show nickname for a great company. Madison Air is an airflow and cooling play for the data center that also has exposure to semiconductor manufacturing… The two hottest areas there are. I told you it was a buy right then and there, it came public, and the stock’s now rallied from $31.75 to just under $40. When Madison Air reported last month, they delivered much better than expected numbers with a very strong full-year forecast. Given that the stock’s pulled back about 10% from its highs last week, I think you buy it right here, right now.

Madison Air Solutions Corporation (NYSE:MAIR) manufactures air quality and climate control systems under brands like Reznor, AprilAire, and Big Ass Fans. The company also provides custom design and repair services for its heating, cooling, and filtration lines.

17. Swarmer, Inc. (NASDAQ:SWMR)

Swarmer, Inc. (NASDAQ:SWMR) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer showed his shifting sentiment around the stock, as he remarked:

Third, in early April, I highlighted a drone software company, it’s called Swarmer, that had come public in March at $5 only for the stock to soar to $26 by the time I covered it. This was an exciting story, but I found it just hard to aggressively recommend a red-hot stock like this when the underlying company barely had any revenue. Turns out I didn’t have enough imagination as Swarmer has zoomed from $26 back then to $45 and change today, although it’s pulled back hard from $55 a couple of days ago. I think, like many winners, it’s fallen victim to selling by people who wanted to raise funds for the SpaceX deal. And look, given that Swarmer brought in a little more than 20 grand in revenue in the latest quarter, I still find it really hard to recommend this stock right here.

Swarmer, Inc. (NASDAQ:SWMR) is a defense technology firm that develops vendor-agnostic software for autonomous swarm coordination and multi-domain unmanned systems.

16. Forgent Power Solutions, Inc. (NYSE:FPS)

Forgent Power Solutions, Inc. (NYSE:FPS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer called it a “home run,” as he commented:

Now, second, in early March, I recommended Forgent Power Solutions. That’s a maker of electrical distribution equipment used in data centers, the power grid, and all sorts of energy-intensive industrial facilities. Now, I covered this one in early March, about a month after it came public, and I told you I liked it because it was trading at a sizable discount to its closest competitor, which is Vertiv, the one that Dave Cote’s chairman of.

Since then, Forgent became an incredible performer, rallying from $34 to $59, 75% gain, thanks to a couple of very strong quarters. In fact, Forgent did a secondary offering at the end of May, often the kiss of death for a newly public company, but the darn thing, it just kept rallying. At these levels, though, you got my blessing to ring the register, it’s been a home run, ideally before the lockup on insider selling in this one, which ends in early August.

Forgent Power Solutions, Inc. (NYSE:FPS) designs and manufactures electrical distribution equipment, such as switchgear, transformers, and power units. In addition, the company provides maintenance, repair, and commissioning services to companies in the technology, utility, and industrial sectors.

15. EquipmentShare.com Inc. (NASDAQ:EQPT)

EquipmentShare.com Inc. (NASDAQ:EQPT) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer highlighted what sets the company apart, as he stated:

As we witnessed the largest IPO in history today, I want to remind you that SpaceX is not the only newly public company we’re really dealing with here. There are nearly a dozen recent IPOs that I’ve recommended just this year alone, and tonight, I want to walk you through them, kind of do a little follow-up, see how they’re doing now. Back at the end of January, for instance, I highlighted EquipmentShare.com, which is an equipment rental company with its own sophisticated software platform.

What sets this company apart, though, is that they’ve come up with a capital-light business model. They buy new equipment, sell it to institutional investors, and then lease it back from those investors before renting it out to their own customers. Yeah, it’s the same way many retailers handle real estate. The stock had a nice start to it. I was cautiously optimistic when I recommended it. Well, turns out that was too bullish. EquipmentShare has now fallen from just under $30, where I covered it, to just under $20. Now, in fairness, I recommended this one right before the wind of the war, and I think that that really got it.

It caused a big spike in both oil and interest rates. Still, even with war, Cramer fave, United Rentals, still managed to rally 20% over that same period. It was a bad call by me. For what it’s worth, EquipmentShare reported a strong beat and raise quarter a month ago, where management talked about seeing an unprecedented level of demand. So I’m inclined to stick with it. This is the kind of stock that does indeed get cheaper as it goes lower, and it’s gone a lot lower. Then again, the lockup on insider selling expires on July 22nd, and that’s likely to give you another pullback.

EquipmentShare.com Inc. (NASDAQ:EQPT) provides a digital platform for construction equipment rentals and sales, as well as industrial tools and site management services. The company offers machinery parts, maintenance, and safety products.

14. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advanced Micro Devices, Inc. (NASDAQ:AMD) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller inquired if they should buy the stock at $500 a share, and Cramer replied:

Look, I like AMD too. I’m partial to NVIDIA, which has done absolutely nothing of late… Right now, my favorite is NVIDIA, but AMD is fantastic. If you told me you bought that, I’d say that’s terrific, too.

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs and manufactures processors, graphics cards, and AI chips for computers, servers, and gaming systems. Some of the company’s products include Ryzen and Radeon. Cramer mentioned the stock during the May 6 episode and commented:

In November, she (CEO, Lisa Su) thought that her CPU market would grow at about an 18% clip. Turns out, here we are in May, it’s growing at 35%. That’s AMD’s core business. So, that stock’s not going to want to, they’re not going to take weeks or months for AMD stock to go higher. It’s going to happen now. Hey, speaking of AMD, which shot up more than 18% today, there was a piece of research that came out the day before this extraordinary quarter, a downgrade from a Buy to a Hold by a prominent investment house. That’s right, Buy to Hold, AMD.

I said on air, I told you I thought it was fanciful and would be wrong. In the meantime, I’m sure it scared a lot of people out of the stock because it came out right on the eve of the quarter. When an analyst downgrades right before earnings, people assume they must know something. This time, that was very wrong. Very first sentence in the piece was about as wrong as you can get, “First quarter results and second quarter guidance to be in line with our estimates and consensus, as possible upside is limited.”

Oh man… In fact, AMD blew away the estimates, which is why the stock jumped so high. Their next point, 2026 server CPU upside is capped due to foundry capacity constraints. Okay, I asked CEO Lisa Su directly about this issue. She told me it’s simply not a problem, stop worrying about it. I felt stupid even asking. Finally, the piece suggested that AMD had already been rerated, meaning that the big buyers have already pushed the stock up aggressively, so there isn’t enough juice left to keep it running. Once again, dead wrong. Throughout this entire magnificent rally in AMD and other stocks that are part of the AI revolution, you had to do the opposite of what this analyst said.

13. Dell Technologies Inc. (NYSE:DELL)

Dell Technologies Inc. (NYSE:DELL) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Noting that the stock is up 155% since the end of March, a caller asked if it is a buy, sell, or hold. In response, Cramer stated:

You want to hold on there. I think it’s a terrific stock. As a matter of fact, if it pulled back any more than it has, like I was looking at it yesterday, and I said, jeez, you know, this thing has really come down very quickly, and it’s just a terrific buy. Michael Dell, by the way, is doing fantastic work… It’s an easy call to say to buy Dell and to believe in Michael Dell.

Dell Technologies Inc. (NYSE:DELL) provides storage systems, servers, networking gear, and consulting services, as well as laptops, desktops, workstations, and accessories. During the June 1 episode, Cramer said that “We shouldn’t have been scared of Dell,” as he remarked:

We spend a huge amount of time around here pondering the supposed overvaluation of tech. It’s right at the heart of what’s allegedly wrong with the stock market, right? But I challenge that on two different fronts. First, how expensive is tech really? Just consider Dell. Four months ago, Dell was at $114, and there were plenty of firms thinking it was way too expensive because it was going to have a huge problem on its hands, thanks to rising memory prices and a pesky Super Micro, a difficult, well-connected competitor.

Any generalist who was looking at the company certainly wasn’t all that attracted to it. Dell was buying back a lot of stock. It seemed like a decent situation except the intelligentsia kept coming on air and was busy telling everyone it was a gigantic bubble. Turns out this stock was selling for only 8 times forward earnings, perhaps one of the cheapest 10 to 15% of stocks in the entire S&P 500. We just didn’t know it yet because the company hadn’t reported it yet. We shouldn’t have been scared of Dell. We should have been buying it. That $114 stock now trades at $465.

12. Planet Labs PBC (NYSE:PL)

Planet Labs PBC (NYSE:PL) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer showed a pessimistic sentiment around the stock as he said:

Next up, Planet Labs. Okay, now, this one’s all about data from space. Planet Labs operates a fleet of Earth observation satellites and sells imagery, analytics, and intelligence to both governments and to commercial customers. These satellites can cover the entire world every 24 hours. Of course, if we’re using human labor, it’s very difficult to process all that data, but with the rise of AI, Planet Labs is suddenly a lot more valuable, which is why they keep launching new analytics tools.

Customers don’t just want pictures; they want answers, and they want them without having to look through millions of images every single day… It’s why the stock’s rallied more than 470% over the past 12 months. Planet’s latest results tell the story. Revenue was up 42% year over year. Defense and intelligence grew more than 65%. The remaining performance obligation was up 81%, and their backlog increased by 72%.

Those are big numbers, people, and they show that there’s real demand here, especially from government contractors. But Planet Labs is not cheap either, even after today’s beatdown. After its run this year, the stock trades at around 26 times sales. That’s not as expensive as Rocket Lab, but the growth isn’t as good either. It belongs in the conversation, but it’s not a stock you should chase blindly at these levels.

Planet Labs PBC (NYSE:PL) designs and operates satellite constellations that provide high-resolution geospatial data and daily Earth imaging through an online platform. In addition, the company provides custom satellite manufacturing, mission operations, and data analysis tools.

11. Rocket Lab Corporation (NASDAQ:RKLB)

Rocket Lab Corporation (NASDAQ:RKLB) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer called it a “well-loved space stock,” as he stated:

Next up is Rocket Lab, RKLB. Now, this is a well-known and well-loved space stock. It’s not undiscovered anymore, and the valuation reflects that. Rocket Lab’s a one-stop shop. It builds the rockets that fly to space and the satellites that operate once they get there. Just today, it joined the Nasdaq-100, but even that was enough to pop up the stock, which dropped 11%. Again, it’s because it’s a source of funds for SpaceX. Right now, space systems generates the lion’s share of the company’s revenue due to some massive prime manufacturing contracts.

They make individual satellite components and build custom spacecraft for clients. Electron, its signature small-lift orbital rocket, has matured into a reliable platform for launching small satellites. Rocket Lab achieved more than 20 launches last year. The company’s on track for even more launches this year. Launches are hard to do. At the same time, they have this other platform, it’s called HASTE, which… the military uses for supersonic test payloads. That gives Rocket Lab exposure to the defense budget, and there’s a lot of meat in there, lots of fat too. Why don’t we call it marbled? Then there’s Neutron, the company’s next-generation medium lift rocket that could push Rocket Lab into more mainstream commercial and national security launches.

That said, while the stock’s cheaper than SpaceX, it’s still pretty darn expensive, trading at 65 times sales, not earnings, sales. You have to pay up for the 64% growth it delivered in the latest quarter. Now, given that the stock’s still up nearly 300% over the past 12 months, there is no reason to chase this one at all. While Rocket Lab is the cleanest way to play space infrastructure, I think you can get a much better entry point if you just wait for more of a pullback.

Rocket Lab Corporation (NASDAQ:RKLB) provides launch services, spacecraft design, manufacturing, and on-orbit management solutions.

10. Space Exploration Technologies Corp. (NASDAQ:SPCX)

Space Exploration Technologies Corp. (NASDAQ:SPCX) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. The company was mentioned during the episode as Cramer said:

Is it too late to get into the stock of SpaceX? Depends. If you’re looking for short term gains, I suggest looking elsewhere. But if you’re willing to look at this as a different kind of stock, not a short, even medium term investment, but a long term call on space exploration, then you’ve got my blessing. When I was a kid, this would’ve been NASA, but now it’s all Musk. If you acknowledge that, it’s perfectly fine to decide you want to be in the stock… And if it comes down, I think you should buy more because the long-term upside is conceivably unfathomable…

The man’s a money maker. Now, for much of the day, I heard that SpaceX may be outrageously overvalued. Going by traditional metrics, I can’t argue with that. However, there are a ton of buyers, and while they can be wrong, I think they’ve considered the risks and recognize that there could be losses as far as the eye can see. I’m with them. I believe that eventually SpaceX will break out to the upside. I just have no idea when that will happen. In the interim, if the stock comes down, that’s an opportunity. By the way, I didn’t feel like this about Tesla until much later, when the coast was clear, and we caught 96% of the entire move up since I changed my mind and went positive.

Space Exploration Technologies Corp. (NASDAQ:SPCX) manufactures and launches reusable spacecraft for orbital payloads and government missions, and provides satellite-based broadband internet. Additionally, it operates an artificial intelligence platform comprising computational infrastructure, user applications, and the X information network.

9. Astera Labs, Inc. (NASDAQ:ALAB)

Astera Labs, Inc. (NASDAQ:ALAB) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. A caller asked how and when to trim gains in the stock. Cramer replied:

Right now, this stock is out of this world and if you were in my office every day, you would say, oh my god… What is it doing? What is it doing? What is it doing? Here’s what you’re going to do: You take 25% off, it’s probably your, almost your entire cost basis, and then you let it run. But if you take 25% off, then I’m not worried about the parabola that is Astera Labs. Make that move, though; it will feel a lot better.

Astera Labs, Inc. (NASDAQ:ALAB) develops semiconductor-based connectivity solutions and software for cloud and AI infrastructure. The company’s products include intelligent connectivity platforms, smart retimers, cable modules, memory controllers, and system management software. During the May 20 episode, a caller mentioned that they are playing with the house’s money, and Cramer responded:

Well then… we have nothing to worry about. You’re playing with the house’s money. You can never lose money. You can make a lot of money. I say you hold on. Be very happy. As always, you’re one of my smartest, if not smartest, of our incredibly smart cohort of viewers, and you’ve done this thing very right. I say you stand pat with what’s left. That’s what we’re trying to do with the club. It’s so hard, but we take out our money, we win.

8. The Progressive Corporation (NYSE:PGR)

The Progressive Corporation (NYSE:PGR) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. When a caller mentioned that it might be the time to start a position in the stock, Cramer said:

You know, I gotta tell you, that group is under a lot of pressure…The group’s under a lot of pressure. I saw a downgrade today, Travelers to Sell. Travelers is a pristine company. I saw Chubb some cut numbers today. I don’t want you to touch it. When you see number cuts in an entire industry, it doesn’t matter how good this one company might be, and they’re a good company.

The Progressive Corporation (NYSE:PGR) provides insurance for personal vehicles, residential properties, and commercial transportation fleets, as well as specialized business liability coverage and investment services. During the March 12 episode, a caller asked if the stock was a buy, sell, or hold, and Cramer replied:

I’m not a big believer in the… this insurance companies, particularly in that particular way. Hey, listen, if you want to own an insurance company, go own Berkshire Hathaway. They’ve got GEICO. It’s a much better diversified way to be involved in insurance. And Chubb is a better company, too, if you want to put that out there.

7. Eli Lilly and Company (NYSE:LLY)

Eli Lilly and Company (NYSE:LLY) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. When a caller noted the high share price and ventured a guess that the company might split the stock, Cramer commented:

I don’t know if they’re going to split it, but I gotta tell you, the earnings are coming through. The drugs are coming through. They’ve got momentum. They’ve got build-out of a lot of different factories so they can produce all the GLP-1s… Huge position for my Charitable Trust. I want you to stay in the stock. I think it’s a really good one.

Eli Lilly and Company (NYSE:LLY) develops and markets medicines for diabetes, obesity, oncology, immunology, neuroscience, and other chronic conditions. Cramer praised the company’s GLP-1 franchise during the June 3 episode, as he commented:

CEO David Ricks is a terrific steward of his shareholders’ capital. Still, at the end of the day, the thesis here boiled down to the simple fact that Lilly’s got the best GLP-1 franchise… In the last two weeks, though, we’ve gotten some major bullish catalysts from Eli Lilly… First, on May 21st, Lilly reported new data from a Phase 3 trial… The data from this trial showed Retatrutide is much more effective for weight loss than the GLP-1s that we currently have… But an unspoken part of the story, and this is, you know, I gotta be really careful here because they’ve not been approved for this, right, it’s about muscle atrophy.

The big problem with GLP-1s is that they make you lose both muscle and fat. There’s been a lot of speculation that Retatrutide will help you lose more fat and less muscle… But that’s why so many people are taking it in the gray market… It’s telling that there’s so much demand for something that isn’t even out yet. It could be the biggest drug of all time. You heard me, biggest drug of all time. The key is that, at least so far, no one else has a weight loss drug in the pipeline that’s in the same league as what Lilly’s working on.

Second positive development, on May 25th, Lilly announced some positive Phase 1… trial results for a new gene therapy that they’re testing on high cholesterol. But get this, very early stage data, the drug showed promising results for lowering LDL cholesterol, which is the bad kind of cholesterol… I’m calling that incredible. Basically, these results make the goal of a one-time treatment for high cholesterol look more realistic… Third, the very next day after that promising gene therapy data, Lilly announced that it was acquiring three vaccine makers in one fell swoop… In short, Lilly’s making a big initial push into vaccines, an area where it doesn’t have a major presence at the moment…

Finally, here’s some more good news: on May 28th, we learned that Lilly reached a deal with CVS Caremark, the largest pharmacy benefit manager in the US, to cover both Zepbound and Foundayo, their two big weight loss drugs… Here’s the bottom line… It’s made a big comeback in recent weeks, driven by real positive catalyst, not just sentiment. That’s why I’m sticking with Eli Lilly for the long haul, especially during times when tech’s a tither.

6. Accenture plc (NYSE:ACN)

Accenture plc (NYSE:ACN) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer highlighted the company’s struggles, as he remarked:

Finally, before the open Thursday, we have two companies that I think are struggling: Kroger and Accenture… Accenture, the consulting company, has seen its stock fall a spectacularly terrible 36% for the year, largely because people believe that it’s being outcompeted by OpenAI and Anthropic, and it’s true. You can do a lot of things with Anthropic, with Claude, that might make it so you don’t need to spend as much money on Accenture.

Accenture plc (NYSE:ACN) provides consulting, technology, and operations services, including systems integration, software engineering, and AI automation. During the March 4 episode, a caller inquired about why the stock had not gained any traction, and Cramer replied:

I don’t know… I opened the file on them again yesterday after I saw that they bought this really interesting business from Ziff Davis, and I said, jeez, … that stock’s so low. And then I realized, you know what? It shouldn’t be that low. I think you’re on to something.

Click to continue reading and see Jim Cramer’s 5 Stock Calls Including Names Like SLB and Zscaler.

Disclosure: None. Follow Insider Monkey on Google News.